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09 February 2015

HSBC Bank Names of 100 Indian Account Holders Revealed There are 1,688 Indian “clients” in the list, based on nationality, place of birth, addresses and location/issuing country for ID. After a three-month-long investigation, The Indian Express whittled this down to 1,195

Over three months, The Indian Express team of reporters, led by Executive Editor (News and Investigation) Ritu Sarin — who is a member of the ICIJ and was also the first to break the news of the original HSBC list

The maximum amount of money connected with Indian clients =$876.3 million (Rs 5300 crore approximately).

Below is the full list names of revealed leaked who are holding bank accounts in HSBC Bank

1.
UTTAMCHANDANI GOPALDAS WADHUMAL/family $54,573,535

2.
MEHTA RIHAN HARSHAD/ family $53,631,788

3.
THARANI MAHESH THIKAMDAS $40,615,288 -
MAHESH TIKAMDAS THARANI
Balance: $40.61 mn (Rs 251.7 crore)
An importer of home decoration items, he had a 2006-07 balance of $40.61 million. In 2001, he opened two accounts from Jakarta. A Bangalore address is mentioned in the data but a check showed the house on Berlie Street was sold by Tharani a decade ago.

4.
GUPTA SHRAVAN $32,398,796
Real Estate – Emaar MGF
Shravan Gupta and wife Shilpi Gupta have three accounts with HSBC Geneva. They have declared the accounts and paid taxes. Shravan Gupta had a balance of $32.3 million in 2006-07, and wife Shilpi, a joint account holder, $1.5 million.

5.
KOTHARI BHADRASHYAM HARSHAD / family $31,555,874

6.
SHAUNAK JITENDRA PARIKH/family $30,137,608

7.
TANDON SANDEEP $26,838,488 -
Sandeep Tandon was an officer of the Indian Revenue Service who took voluntary retirement and joined Reliance Industries to head their taxation and liaison units. He became a powerful aide to Mukesh Ambani after the group split though he had investigated alleged money laundering charges. He died in 2010. Records show he had three accounts in HSBC with Mukesh Ambani and Anil Ambani shown as trustees in the list. The balance in the three accounts totalled $26.8 million.

8.
AMBANI MUKESH DHIRUBHAI $26,654,991 -
Mukesh Ambani
He opened two HSBC accounts in 2001. Average joint balance of $26.6 million in 2006/2007. Data shows account registered under Flag Telecom Group Ltd and Canbar Holding Corporation. There is also an account of Reliance Industries Limited, opened in 2007, with a balance of $ 103.8 million (Rs 638.6 crore).

9.
AMBANI ANIL $26,654,991 -
Anil Ambani had identical balance of $26.6 million as Mukesh in HSBC, same holding companies.

10.
KRISHNA BHAGWAN RAMCHAND $23,853,117

11.
DOST PARIMAL PAL SINGH $21,110,345

12.
GOYAL NARESH KUMAR $18,716,015 -
Chairman of Jet Airways, Naresh Goyal opened three accounts in HSBC in 2003 and had a 2006-07 balance of $18.7 million. Detailed internal notes are attached, listing the number of “relationships” the bank has had with Goyal, including the opening of a new account for Tailwinds Ltd.

13.
MEHTA RAVICHANDRA VADILAL $18,250,253

14.
PATEL KANUBHAI ASHABHAI $16,059,129

15.
SACHIV RAJESH MEHTA $12,341,074

16.
ANURAG DALMIA/family $9,609,371 -
Vice Chairman of Dalmia (Bros) Pvt Ltd. The flagship companies of the Group are GHCL (Gujarat Heavy Chemicals Limited) and GTC (Golden Tobacco Company).HSBC data shows that Anuragh had four accounts with the bank, opened in 2000, with a combined maximum of $9.6 million in 2006-07.

17.
RAVICHANDRAN MEHTA BALKRISHNA $8,757,113

18.
KUMUDCHANDRA SHANTILAL MEHTA/family $8,450,703

19.
PATEL RAJESHKUMAR GOVINDLAL/family $6,908,661

20.
HEMANT DHIRAJ $6,237,932

21.
ANUP MEHTA/family $5,976,998

22.
TANDON ANNU $5,728,042 -
BALANCE: $5.72 million (Rs 35.8 crore)
Former Congress MP from Unnao Annu Tandon lost the 2014 Lok Sabha elections. She ran an electronics firm earlier for Reliance Industries and was married to Sandeep Tandon, a former Indian Revenue Service officer who worked with Reliance Industries for several years before he died. The account opening statement in her name reveals she had two accounts (opened in 2005) with a joint balance of $5.72 million. Her Mumbai address is given in the records. The HSBC account is not one of the accounts declared by her in her asset declaration to the Election Commission.

24.
SALGOACAR DIPTI DATTARAJ $5,178,668
Vassudev Salgaocar is the owner and Managing Director of V M Salgaocar Group, with interests in iron ore mining, shipping, healthcare and hospitality. He is married to Dipti, sister of Mukesh and Anil Ambani. The family is based in Goa
All four members of the Salgaocar family have accounts in HSBC. While there is no account balance shown for Dattaraj Salgaocar, his wife had a 2006-07 maximum balance of $5.17 million. There are separate accounts of their children, Vikram and Isheta, but balance amounts are not mentioned.

25.
DABRIWALA SURBHIT/family $5,000,000

26.
VAGHELA BALWANTKUMAR DULLABHAI $4,405,465

27.
DILIPKUMAR DALPATLAL MEHTA $4,255,230

28.
KULDIP & GURBACHAN SINGH DHINGRA $4,144,256
The Chairman of Berger Paints, Kuldip Singh Dhingra, and brother Gurbachan Singh Dhingra, Vice Chairman of the Group,opened four accounts with identical balance in 2005. The name of their company UK Paints (Overseas) is also listed. In 2006-07, they had a combined balance of $4.14 million with detailed notes from bankers on future inflow of funds.

29.
LAKHANI JAMNA THAKURDAS $4,123,673

30.
RAJIV GUPTA $4,113,705

31.
SAWHNEY ARMINDER SINGH $3,965,881-

32.
ISRANI LOVEEN GURUMUKHDAS $3,824,104

33.
NATVARLAL BHIMBHAI DESAI/family $3,746,078

34.
TULSIANI JAWAHARLAL GULABRAI/family $3,730,145

35.
GUPTA RAJIV $3,545,416

36.
JAISWAL LADLI PERSHAD $3,496,063 -
Ladli Pershad acquired British citizenship and died in 2005. In the HSBC data, he is shown as an Indian citizen, with a New Delhi address (the house is currently under reconstruction). In 2006-07, his account had a balance of $3.49 million. Ladli Pershad’s sons now manage JIL.
The late Ladli Pershad Jaiswal was the founder of Jagatjit Industries Limited (JIL), one of the largest manufacturers of IMFL (Indian Made Foreign Liquor). The family-owned company’s brands include Aristocrat and Royal Pride whiskeys.

41.
KUMAR VENU RAMAN $3,063,064 -
An Indian Revenue Service officer who took premature retirement to join the Essar Group In 2006-07, his HSBC Geneva account had $3.06 million.
He was founder and former CEO of MModal Inc, one of the largest clinical documentation technology companies, which he sold to J P Morgan’s private equity arm He was also President of Cbay Inc and is currently Chairman and Managing Director of Aeries Group, an investment platform which also manages funds of his family. He continues to be a Director in MModal Inc

42.
THAKKAR DILIP JAYANTILAL $2,989,534

43.
TULSIANI PARTAB GULABRAI $2,901,435

44.
ADENWALLA DHUN DORAB/family $2,863,271

45.
BURMAN PRADIP $2,831,238

46.
TULSIANI NARAINDAS GULBARI $2,818,300

47.
DASOT PRAVEEN $2,801,634

48.
PATEL LALITABEN CHIMANBHAI $2,741,488

49.
CHATHA JOGINDER SINGH $2,732,838

50.
SHYAM PRASAD MURARKA $2,546,516

51.
DHURVENDRA PRAKASH GOEL $2,488,239

52.
NANDA SURESH/family $2,303,713-
Navy chief during the 1971 Indo-Pak war, Admiral S M Nanda
His Son –
Suresh – Defense Scandal
Grandson – Sanjeev – BMW Hit and Run Case
Nanda set up the Crown Corporation for arms contracts and died in 2009
Data shows accounts in the names of the late Admiral, and sons Suresh and Paul. One company account shows all three as beneficial owners with a 2006-07 balance of $1.34 million; there is another joint account with Suresh: $478,864.
Suresh has three other accounts with $478,532.

53.
GIDWANI ANAN NELUM $2,228,582

54.
PRATAP CHHAGANLAL JOISHER/family $2,209,346

55.
MEHTA DEVAUNSHI ANOOP $2,136,830

56.
SHAW MOHAMMAD HASEEB/family $2,133,581-
Exporter of Kashmiri carpets and pashmina shawls,
He is Managing Director of the Srinagar-based Cottage Arts Emporium,
Has a branch in New Delhi.
HSBC data shows he opened his account in 1997. He is listed as one who does commerce in carpets and textiles. His father, Shaw Abdul Rashid, is a joint account-holder and they had a $2.13-million maximum balance in 2006-07

57.
AHMED rizwan syed/family $2,125,644

58.
VINITA SUNIL CHUGANI $2,085,158

59.
SAWNEY BHUSHAN LAL $2,043,474-
Sawhney Tyres –
Bhushan Lal Sawhney his account was opened in 1970 and its maximum balance in 2006-07 was $2.04 million (Rs 12.64 crore).
His wife, Sneh Lata Sawhney, is a joint holder of the account. Son Praveen Sawhney has a separate account

60.
PARMINDER SINGH KALRA $2,042,180

61.
CHOWDHURY RATAN SINGH $1,987,504

62.
DHIRANI VIKRAM $1,915,148

63.
NANDA SARDARILAL MATHRADAS $1,824,849

64.
WILKINSON MARTHA $1,824,717

65.

SAHNEY DEVINDER SINGH $1,763,835

66.
TANEJA DHARAM VIR $1,748,541-
Retired Banker
He held the posts of Chairman and Managing Director of the Central Bank of India, Chief General Manager and Vice-Chairman, Executive Committee of the Middle East Bank Ltd in Dubai till 1989.
His 2006-07 balance in HSBC records is $1.75 million (Rs 10. 8 crore) and data shows that the account was opened in 2001 in Dubai. His Defence Colony address in New Delhi, where he lives, is listed.
Taneja recently published a book, A Chronology of Men, Matters and Events, which records the pre-Partition days and his experience as a banker.

67.
DHINDSA KOMAL $1,597,425
68.

CHATWANI TRIKAMJI/family $1,594,114

69.
PITTIE MADHUSUDANLAL NARAYANLAL $1,462,594

70.
BHARDWAJ ANIL $1,435,781

71.
DIPENDU BAPALAL SHAH $1,362,441

72.
BHARTIA ALOK $1,349,044-
Alok Bhartia is Vice-Chairman of Taegu Tec India, a subsidiary of a South Korean manufacturer of tools and instruments.
Alok Bhartia owns another Bangalore company, Dakshin Foundry, in which wife Alpana is a Director. Both are co-holders of an HSBC account they opened in 2006. The data shows a 2006-07 balance of $1.3 million.

73.
SINGH SHUBHA SUNIL $1,348,983

74.
DANSINGHANI SHEWAK JIVATSING/family $1,267,743

75.
KUMAR DAVINDER/family $1,231,088

76.
JASDANWALLA ARSHAD HUSAIN ADAMSI/family $1,229,723

77.
JHAVERI HARISH SHANTICHAND/ family $1,191,144

78.
SINGHVI GANPAT $1,194,388

79.
MILAN MEHTA/family $1,153,957

80.
TUKSIANI ASHOK GULABRAI $1,140,890

81.
MODI KRISHAN KUMAR $1,139,967

82.
GARODIA BISHWANATH $1,071,858-
Director - Mangal Steel Limited.
He and wife Usha, who is also a Director in the company, are joint account-holders in HSBC. They opened an account in 1999. The couple had a 2006-07 balance of $1.07 million. HSBC data lists him as the owner of a production company. Their residence address in Kolkata is listed for correspondence with the bank.

83.
JAGASIA ANURADHA ANIL $1,039,648

84.
VITHALDAS KISHORE/family $1,020,028

85.
CHANDRASHEKAR KADIRVELU BABU/family $1,007,357

86.
GALANI DIPAK VARANDMA/family $940,191

87.
SAWHNEY ARUN RAVINDRANATH $914,698

88.
MERWAH CHANDER MOHAN $909,309

89.
PATEL ATUL THAKORBHAI $813,295

90.
NATHANI KUMAR SATURGUN $751,747

91.
SATHE SUBHASH/family $749,370
Subhash Vasant Sathe and Indrani Sathe
BALANCE: $749,370 (Rs 4.64 crore)
Son and daughter-in-law of former Union minister Vasant Sathe who died in 2011. Engaged in the manufacture of automotive parts and plastic components and are Directors in companies such as Sun Vacuum Formers Pvt Ltd and TRW Sun Steering Wheels Pvt Ltd.
The manufacturing units are located in Gurgaon, Pune and Manesar.
Their joint account with a 2006-07 balance of $749,370 was opened in 2002. Subhash Sathe listed a Gautam Nagar, New Delhi address.
Indrani listed an address in Saket, New Delhi, in account-opening documents.

92.
SHAH ANIL PANNALAL/family $742,187

93.
MADHIOK ROMESH $719,559

94.
BHAVEN PREMATLAL JHAVERI $717,654

95.
KINARIWALA KALPESH HARSHAD $713,340

96.
GOKAL BHAVESH RAVINDRA $699,184

97.
LAMBA SANJIV $644,923-
Delhi businessman and owner of Diplomat Hotel, Sanjiv Lamba has diversified into furnishings with a company called Continental Furnishings. Sanjiv and wife Madhulika had an identical 2006-07 balance of $644,923 each.
The accounts were opened in 2000.

98.
SHOBHA BHARAT KUMAR ASHER $641,387

99.
KATHORIA RAKESH KUMAR $589,753

100.
BHANSALI ALKESH PRATAP CHANDRA $579,609

101-
Chhabria Family -
HSBC records show that in 2006-07, Vidya Chhabria had a maximum balance of $39.25 million; Komal Wazir Chhabria had four accounts totalling $61.6 million with husband, Rajiv Wazir, a co-account holder in two accounts; and, Kiran Manohar Chhabria had a maximum of $40.15 million.

102-
BHADRA SHYAM KOTHARI FAMILY
BALANCE: $31.55 mn (Rs 195.6 crore)
Place -Chennai –
Nina Bhadrashyam Kothari is the wife of Bhadra Shyam Kothari, Chairman of the Kothari Group and daughter of the late Dhirubhai Ambani. She is presently a Director in Kothari Petrochemicals,
Their daughter Nayantara and son Arjun are listed as account-holders but there are no details. The balance in the account of Nina Bhadrashyam Kothari is shown as $31.55 million. All accounts were opened in 2002 and the family’s Chennai home is listed as the correspondence address.

103-
BRIJENDRA KUMAR PODDAR
Brinjendra Kumar Poddar
BALANCE: $953,187 (Rs 5.9 crore)
He belongs to a West Bengal business family which deals in petroleum and marketing of petroleum products.
He is the owner of a network of petrol pumps and automobile dealerships.
His HSBC account, opened in 2005, shows a balance of $953,187.
His son, Yash Wardhan Poddar, who is the Honorary Consul of Romania in Kolkata, is listed as a co-account holder.

104-
Harshavardhan Neotia and Vinod Kumar Neotia
BALANCE:
$503,000 (Rs 3.1 crore)
Chairman of the Ambuja Neotia Group and co-owner of a Super League football team, Harshavardhan Neotia joined the family concern when the flagship was Ambuja Cement, later sold in 2006.
Ambuja Neotia is now the largest player in the social housing sector in East India. Harshavardhan is a Padma Shri recipient.
Data shows the Neotia family has three accounts in HSBC Geneva.
One of the accounts is in the name of his late father, Vinod Kumar Neotia.
In 2006-07, it had a maximum balance of $503,000.
There is no mention of the balance in his account and that of wife Madhu Neotia.

105-
Surinder Kapur
BALANCE: $406.088 (Rs 2.51 crore)
Surinder Kapur is Chairman of Sona Koyo, manufacturer of automobile steering systems
He accompanied Prime Minister Narendra Modi on his Japan trip as a representative of the manufacturing sector.
HSBC data shows Surinder Kapur opened five accounts with the bank in 1999.
He wanted to reshuffle his earlier accounts held in the name of foundations and open a personal account.
The maximum balance, collectively shown for the accounts in 2006-07, is $406,088.

106-
Michael Aram Wolohojian – Metal Designer
BALANCE: $107,837 (Rs 66.8 lakh)
He has a base in New Delhi and records show three different addresses in New Delhi’s Green Park, Sujan Singh Park and Greater Kailash areas.
He runs the Michael Aram Export Company and is into designing paper products and melamine giftware.
HSBC data shows that he opened three accounts with the bank in 1997.
Two of them had zero balance while a third had $107,837 in 2006-07.

107-
Smita Jaydev Thackeray
BALANCE: $103.236 (Rs 64 lakh)
Film producer Smita Thackeray is the daughter-in-law of the late Bal Thackeray of Shiv Sena.
Estranged from husband Jaydev, she continued to live in the Thackeray family home “Matoshree”.
Bank records show that Smita opened an account with HSBC Geneva from Mumbai in 2002.
Her profession is described as President of IMPPA (Indian Motion Pictures’ Producers Association) which she was heading then.
Records show a maximum balance of $103,236 in 2006-07 in her account.

108-
Dalmia Family – Dalmia Cement
BALANCE: $74,038 (Rs 45.9 lakh)
After the death of founder Jai Dayal Dalmia, sons Jai Hari Dalmia and Yadu Hari Dalmia took charge. Several members of the Group’s “family council” and all four are account holders with similar balances and listed office addresses.
Jai Hari and Gautam Dalmia had $35,969 as maximum balance each for 2006-07. Yadu Hari Dalmia and Puneet Dalmia had $38,069 each in their accounts.

109-
Jitendra Virwani - Chairman of Bangalore-based Embassy Group
BALANCE: $14,517 (Rs 9 lakh)
Jitendra Virwani is Chairman , one of the pioneers in construction of office parks and commercial technology complexes in the country. His projects include Manyata Park and Embassy Golf Links in Bangalore and he is known to pick his tenants — such as IBM, Microsoft and Target — before the projects are completed. The Indian arm of Blackstone invested recently in four of his company’s technology parks. He has figured in the Forbes list of richest Indians and has a penchant for rearing thoroughbreds. He also runs a horse riding academy in Bangalore. He and wife Vandana opened a joint account with HSBC in 2001. The data shows a 2006-07 balance of $14,517. The couple’s Bangalore address is listed in the HSBC data.

110-
Ashvin Prakash Kumar
BALANCE: $4,849 (Rs 3 lakh)
The 41-year-old is the son of fashion designer Ritu Kumar and has listed their address at Pushpanjali farms, on the outskirts of Delhi, in HSBC bank records. His account showed a 2006-07 balance of $4,849.

111-
Preneet Kaur
BALANCE: Not mentioned
Minister in the former UPA government and wife of former Punjab chief minister Amarinder Singh, Preneet Kaur is listed as an account-holder in the data.

112-
RAJAN PARSHAD NANDA
Rajan Parshad Nanda
Rajan Nanda is Chairman and Managing Director of engineering conglomerate Escorts Ltd. His wife Ritu is the daughter of the late actor Raj Kapoor.
HSBC data shows Rajan Nanda opened an account in 2002 under Centerville Consultancy Limited. There are no details of the money in the account.

113-
Neelam Narayan Rane and Nilesh Rane
Balance Not Mentioned
Data shows that former Maharashtra Chief Minister Narayan Rane’s wife Neelam and elder son Nilesh are HSBC account holders.
Neelam runs a hotel chain while Nilesh is his father’s political heir.
He has been a Lok Sabha MP.
He lost in the 2014 elections.
The only details available for Neelam Rane and Nilesh Rane are their dates of birth and their Bandra address, all verified.

115-
Pradip Kumar Khaitan and Haigreve Khaitan
Owners of Khaitan Company
Balacne not mentioned
In the HSBC list, Pradip Kumar Khaitan and son Haigreve and their spouses Prabha and Tarulika are listed. No balance is shown for the accounts opened in 2004.

116-
K Raheja Corporation Family
BALANCE: not mentioned
Chandru Lachmandas Raheja is the son of Lachmandas Raheja and Chairman of the K Raheja Corporation, a real estate and hospitality company,
The group’s first major township project was in Malad, Mumbai, where the company built Mindspace. Another company landmark has been Shoppers Stop in several cities. Lachmandas Raheja, his wife Jyoti and two sons, Ravi Raheja and Neel Raheja, are all holders of individual accounts with HSBC Geneva though no account opening details are given.
In 2013, Chandru Raheja and his sons were chargesheeted by the Enforcement Directorate in connection with development of land for the Hypercity project in Mumbai.

117-
Charu Bhartia Modi
Balance not mentioned
she is the daughter of industrialist Krishna Kumar Modi and restaurateur Bina Modi and the elder sister of Lalit Modi (who began the Indian Premier League) and Samir Modi.
she launched MAII (Modi Academic International Institute), one of the first institutes to provide US-accredited programmes in India.
She went into a joint venture with Apollo Hospitals and set up a training centre for qualified nurses.
She is presently CEO of MAII and Executive Director of Modi Enterprises and Indofil Industries, the Modi group’s Mumbai-based chemical company.
There are no details of the balance in her account opened with the HSBC in 2006.

118-
Ritu aka Mahima Chaudhry - Movie Actress
BALANCE: Not mentioned
The only actress in the HSBC list, Ritu Chaudhary’s name was changed later to Mahima.
She is described as a top model and actress in HSBC records.
Balance details of her account are not available.
She was born in Darjeeling and got her first big break with the Pepsi advertising campaign. Her first big film was Pardes, directed by Subhash Ghai,
She is married to Bonny Mukherjee.

119-
Jagdish Rai Sood
BALANCE: Not mentioned
He is Chairman of the Eros Group of companies, a Delhi-based real-estate and hospitality firm involved in several township, corporate towers and shopping mall projects.
He constructed Eros Cinema in 1952.
Launched Projects like Shangrila-Eros Hotel in Connaught Place.

120-
Om Prakash Lohia
BALANCE: Not mentioned
He is Chairman and Managing Director of the Indo Rama Group,
He is Managing Director/Chairman of Indo Rama Synthetics; Indo Rama Petrochemicals and Indo Rama Retail Holdings.
No details of his account balance are mentioned.
Wife Urmila Lohia and son Vishal Lohia (appointed whole time Director of Group companies) are also holders of accounts in HSBC Geneva.